A notice on the door of the Xtra-Vision shop in Mullingar at lunchtime.

Xtra-Vision cease trading

Published: Wed 27 Jan 2016, 2:57 PM

Last updated: Wed 27 Jan 2016, 2:59 PM

Oxtermont Ltd, the holding Company of Xtra-Vision Entertainment Limited, Ireland’s leading DVD rental store chain, has announced the closure and liquidation of 83 Xtra-Vision stores.

This move is a result of the market decline of shop counter rental as changing dynamics in consumer behaviour has led to customers favouring the retail opportunity in the entertainment market.

This has resulted in a 30% drop year on year in over the counter DVD rental.

Xtra-Vision will cease to trade from all stores on January 27.